Addus HomeCare Corporation Stock Forecast

Buy or Hold candidate since Apr 09, 2025 Loss -0.42%

The Addus HomeCare Corporation stock price gained 1.04% on the last trading day (Friday, 25th Apr 2025), rising from $99.54 to $100.58. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.84% from a day low at $98.96 to a day high of $100.78. The price has risen in 7 of the last 10 days but is still down by -1.17% for this period. Volume fell on the last day by -16 thousand shares and in total, 95 thousand shares were bought and sold for approximately $9.55 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $105.10 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -20.87% during the next 3 months and, with a 90% probability hold a price between $62.60 and $83.17 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

ADUS Signals & Forecast

The Addus HomeCare Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $99.51 and $96.81. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 21, 2025, and so far it has risen 11.97%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Addus HomeCare Corporation stock

Addus HomeCare Corporation finds support from accumulated volume at $100.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.82 between high and low, or 1.84%. For the last week the stock has had daily average volatility of 2.29%.

Our recommended stop-loss: $96.03 (-4.52%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (ADUS) For The Upcoming Trading Day Of Monday 28th

For the upcoming trading day on Monday, 28th we expect Addus HomeCare Corporation to open at $100.11, and during the day (based on 14 day Average True Range), to move between $97.44 and $103.72, which gives a possible trading interval of +/-$3.14 (+/-3.13%) up or down from last closing price. If Addus HomeCare Corporation takes out the full calculated possible swing range there will be an estimated 6.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $100.31 (0.27%) than the resistance at $101.00 (0.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Addus HomeCare Corporation stock A Buy?

Addus HomeCare Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.423 Hold/Accumulate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 28, 2025 - $100.11 ( 0.471%).